Saskatchewan Unemployment Rate Second Lowest in Canada

Saskatchewan Unemployment Rate Second Lowest in Canada

Saskatchewan’s unemployment rate (seasonally adjusted) was 6.1 per cent in June 2016, tied for the second lowest among provinces and lower than the national unemployment rate of 6.8 per cent.

In June 2016, there were 582,200 people employed in Saskatchewan.

There has been an increase of 1,000 jobs (seasonally adjusted) in Saskatchewan between May 2016 and June 2016.

“Saskatchewan’s labour market continues to feel the impact caused by low resource prices,” Immigration, Jobs, Skills and Training Minister Jeremy Harrison said. “However, we are optimistic as forecasters predict our economy will begin to recover in the coming year, and seeing month over month gains in employment shows our economy is on the right track.”

Between June 2007 and June 2016, 69,100 jobs were created in Saskatchewan. Of those new jobs, 57,400 or 83 per cent are full-time jobs.

Other June 2016 highlights include:

Major year-over-year gains were reported for agriculture, up 2,800; trade, up 2,600; professional, scientific and technical services, up 2,700; information, culture and recreation, up 1,800.

Employment increased by 2,000 year-over-year in Regina.

Youth unemployment rate was 10.5 per cent (seasonally adjusted), the lowest among the provinces and below the national rate of 13.0 per cent.